Positive Start Seen For Canadian Stocks

RTTNews | 35天前

(RTTNews) - Bay Street looks headed for a firm start Wednesday morning, tracking positive global cues amid rising prospects of several nations striking trade deals with the U.S. before the August 1 deadline.

Rogers Communications Inc. (RCI.A.TO) reported adjusted net income of C$ 632 million for the quarter ended June 30, 2025, compared with C$ 623 million in the year-ago quarter.

Suncor Energy, West Fraser Timber, Waste Connections, Whitecap Resources and First Quantum Minerals are scheduled to announce their quarterly results today.

On the economic front, data on new housing prices is due at 8:30 AM ET.

U.S. President Donald Trump announced trade deals with Japan and Philippines. "We have Europe coming in tomorrow, and the next day, we have some other ones coming in," he said late on Tuesday, without specifying details.

Canadian stocks climbed higher on Tuesday thanks to recent strong economic data. The benchmark S&P/TSX Composite Index turned weak after a firm start, but recovered to settle with a gain of 47.43 points or 0.17% at 27,364.43.

Asian stocks settled mostly higher on Wednesday amid easing trade concerns after Trump announced trade agreements with Japan and Philippines.

The "largest ever" U.S. trade deal with Japan features a 15 percent tariff on Japanese exports and includes a commitment from Tokyo to invest $550 billion in the United States and open its markets for American vehicles, rice, and other agricultural goods.

Trump claimed the U.S. would receive 90 percent of profits from the agreement and that the pact could generate hundreds of thousands of American jobs.

The major European markets are up firmly in positive territory today amid rising prospects of the EU clinching a trade deal with the U.S. ahead of the August 1 deadline.

In commodities trading, West Texas Intermediate Crude oil futures are down $1.34 or 2.02% at $64.87 a barrel.

Gold futures are down $9.00 or 027% at $3,434.80 an ounce, while Silver futures are up $0.175 or 0.44% at $39.730 an ounce.

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.

RTTNews | 10分钟前

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.

RTTNews | 1小时3分钟前

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.

RTTNews | 1小时4分钟前

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | 2小时29分钟前

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.

RTTNews | 2小时44分钟前

Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect

Indian shares may open on a weak note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect on Wednesday.

RTTNews | 3小时15分钟前

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.

RTTNews | 3小时27分钟前

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.

RTTNews | 3小时35分钟前

EURUSD	1.16364	GBPUSD	1.35006	AUDUSD	0.65067
USDJPY	147.166	USDCAD	1.3786	USDCHF	0.8019